Hedge Funds Weather February Storm

Mar 17 2008 | 12:27pm ET

Hedge funds rebounded last month as the Credit Suisse/Tremont Hedge Fund Index gained 1.61% in February with most hedge funds strategies reporting positive performance.

Six out of 10 hedge fund sectors were in positive territory last month with global macro and managed futures funds leading the way gaining 4.11% and 6.61%, respectively.

On the downside, convertible arbitrage and dedicated short traders lost 1.29% and 0.89%, respectively.

“Although February showed marked improvement from January, global markets continued to fall amidst rising inflationary pressures and slowing economic growth,” said Oliver Schupp, president of Credit Suisse Index Co.

“The S&P 500 Total Return Index fell -3.25% compared to -6.00% for January, while the MSCI Emerging Markets Index returned 9.49% for February. Although the federal funds rate did not change, economic indicators suggested that continued turbulence in the market remains.”


In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...